Remember back in July, FXPRIMUS appeared in a consumer alert document issued by Bank Negara Malaysia.
Despite this event, FXPRIMUS was able to retain 99% percent of their clients due to their reputation as being honest and transparent.
Recently, Bank Negara Malaysia has removed FXPRIMUS from this list. You can view the updated list using the following link:
http://www.bnm.gov.my/
FXPRIMUS has been cleared of any wrongdoing by Bank Negara Malaysia!
This is definitely good news for supporters and traders of FXPRIMUS. We are happy that this has ended on a high note.
Kudos to the team at FXPRIMUS for the good work done to clarify matters with Bank Negara and to provide the best conditions for us to trade with them.
You can check out more news about this at FXPRIMUS Official Website.
P. S. You can try out FXPRIMUS by registering for a practice (demo) account for free. Click here to find out more.
nice blog…. great to see the good news about fx primus… i am also a user of this broker… newbie though….
by the way, can you enlighten me with a question?
I was wondering about the income tax issue with the earnings that we make from our forex trading with Fx Primus. Do we kena tax for our forex earnings?
Say one, day i decided to buy a house…. surely they will check on me right?
Hope you guys can offer some advice on this matter….
happy trading…
Hi,
Thanks! To be frank, I really can’t speak for Fxprimus since I don’t represent them in terms of tax issues and so on. It would be probably better if you contact them at support@fxprimus.com.
hi,
i have contacted them , and they cannot give me a direct answer as well..
all they say is that they have no local presence in msia and do not operate any trading for myr currencies.. but as for the taxation, they ask me to contcat b ank negara…
anyways… the answer to this question will always remain in a grey area a guess..
The only way to clarify this is check with tax office. call or email them. they know best
Hi,
Is that mean to invest forex through Fxprimus in Malaysia is consider legal?
Yes, its legal.